Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Revenue | 2.5B | 2.3B | 2.0B | 1.6B | 1.1B |
| Revenue Growth % | 12.4% | 15.3% | 21.2% | 51.7% | -- |
| Total Revenue | 2.5B | 2.3B | 2.0B | 1.6B | 1.1B |
| Cost Of Revenue | 1.9B | 1.6B | 1.4B | 1.1B | 689.0M |
| Gross Profit | 676.0M | 620.0M | 591.0M | 486.0M | 372.0M |
| Gross Margin % | 26.7% | 27.5% | 30.3% | 30.2% | 35.1% |
| Total Operating Cost | 2.4B | 2.1B | 1.9B | 1.5B | 942.0M |
| Selling Expenses | 67.5M | 66.8M | 107.0M | 63.0M | 38.0M |
| Admin Expenses | 188.0M | 153.0M | 124.0M | 105.0M | 74.4M |
| Rd Expenses | 193.0M | 222.0M | 174.0M | 130.0M | 72.2M |
| Finance Expenses | -12.9M | 312,900 | -21.4M | 14.2M | 10.8M |
| Operating Income | 136.0M | 116.0M | 92.1M | 104.0M | 126.0M |
| Operating Margin % | 5.4% | 5.2% | 4.7% | 6.5% | 11.9% |
| Non Operating Income | 1.4M | 4.9M | 5.8M | 3.2M | 199,000 |
| Non Operating Expenses | 14.0M | 120,900 | 162,500 | 1.3M | 442,600 |
| Investment Income | 20,000 | 7.5M | 9.4M | 1.6M | 958,800 |
| Fair Value Change Income | 232,800 | -- | -1.2M | 1.5M | 545,500 |
| Asset Disposal Income | -218,100 | -327,200 | -85,900 | -477,600 | 402,300 |
| Asset Impairment Loss | 27.1M | 13.0M | 40.4M | 13.7M | 14.0M |
| Other Income | 6.6M | 8.4M | 8.1M | 14.4M | 5.3M |
| Income Before Tax | 124.0M | 121.0M | 97.7M | 106.0M | 126.0M |
| Income Tax | 39.1M | 15.7M | 15.1M | 27.8M | 28.5M |
| Net Income | 84.7M | 105.0M | 82.6M | 77.8M | 97.4M |
| Net Margin % | 3.3% | 4.7% | 4.2% | 4.8% | 9.2% |
| Net Income Attributable | 63.7M | 89.9M | 64.8M | 60.8M | 82.6M |
| Minority Interest | 21.0M | 15.3M | 17.8M | 17.0M | 14.9M |
| Eps Basic | 0.47 | 0.77 | 0.56 | 0.55 | 0.78 |
| Eps Diluted | 0.47 | 0.77 | 0.56 | 0.55 | 0.78 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 989.0M | 431.0M | 387.0M | 426.0M | 242.0M |
| Trading Financial Assets | 150.0M | -- | 50.3M | 182.0M | 50.5M |
| Accounts Receivable | 947.0M | 1.1B | 1.2B | 737.0M | 505.0M |
| Notes Receivable | 23.4M | -- | 224,700 | -- | -- |
| Notes And Accounts Receivable | 971.0M | 1.1B | 1.2B | 737.0M | 505.0M |
| Prepayments | 46.5M | 64.4M | 52.5M | 54.2M | 49.5M |
| Inventory | 2.3B | 2.9B | 1.4B | 937.0M | 801.0M |
| Total Current Assets | 4.9B | 4.9B | 3.3B | 2.6B | 1.9B |
| Long Term Equity Investment | 12.7M | 17.5M | 1.3M | -- | 3.7M |
| Fixed Assets | -- | 282.0M | 232.0M | 203.0M | 172.0M |
| Fixed Assets Total | 494.0M | 282.0M | 232.0M | 203.0M | 172.0M |
| Construction In Progress | -- | 147.0M | 59.8M | 9.7M | 13.5M |
| Construction In Progress Total | 24.3M | 147.0M | 59.8M | 9.7M | 13.5M |
| Intangible Assets | 51.4M | 48.4M | 13.3M | 11.4M | 9.0M |
| Long Term Deferred Expenses | 6.7M | 9.0M | 4.5M | 2.5M | 4.7M |
| Total Non Current Assets | 743.0M | 696.0M | 496.0M | 326.0M | 270.0M |
| Total Assets | 5.6B | 5.6B | 3.8B | 3.0B | 2.2B |
| Short Term Borrowings | 515.0M | 484.0M | 350.0M | 290.0M | 200.0M |
| Accounts Payable | 755.0M | 1.3B | 811.0M | 370.0M | 352.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.2B | 1.5B | 784.0M | 519.0M | 404.0M |
| Total Current Liabilities | 2.9B | 3.9B | 2.3B | 1.5B | 1.1B |
| Long Term Borrowings | 98.1M | 82.0M | -- | -- | -- |
| Total Non Current Liabilities | 141.0M | 125.0M | 44.3M | 15.9M | 575,800 |
| Total Liabilities | 3.0B | 4.0B | 2.3B | 1.5B | 1.1B |
| Paid In Capital | 139.0M | 116.0M | 116.0M | 116.0M | 106.0M |
| Capital Reserve | 1.7B | 787.0M | 796.0M | 800.0M | 425.0M |
| Surplus Reserve | 49.5M | 43.6M | 39.9M | 39.5M | 36.2M |
| Retained Earnings | 583.0M | 553.0M | 487.0M | 442.0M | 409.0M |
| Minority Equity | 47.8M | 47.9M | 38.5M | 47.7M | 33.2M |
| Equity Attributable | 2.6B | 1.5B | 1.5B | 1.4B | 993.0M |
| Total Equity | 2.6B | 1.6B | 1.5B | 1.4B | 1.0B |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 2.0B | 2.4B | 1.3B | 1.1B | 621.0M |
| Tax Refunds Received | 143.0M | 117.0M | 99.1M | 23.6M | 12.4M |
| Total Operating Cash Inflow | 2.2B | 2.6B | 1.4B | 1.1B | 680.0M |
| Cash Paid For Goods | 1.6B | 1.8B | 975.0M | 779.0M | 410.0M |
| Cash Paid To Employees | 360.0M | 366.0M | 263.0M | 213.0M | 147.0M |
| Taxes Paid | 137.0M | 179.0M | 135.0M | 80.1M | 85.2M |
| Total Operating Cash Outflow | 2.3B | 2.6B | 1.6B | 1.2B | 750.0M |
| Operating Cash Flow | -67.4M | 35.9M | -128.0M | -82.8M | -70.6M |
| Total Investing Cash Inflow | 1.1B | 101.0M | 365.0M | 183.0M | 45.8M |
| Total Investing Cash Outflow | 1.4B | 281.0M | 289.0M | 367.0M | 157.0M |
| Investing Cash Flow | -299.0M | -180.0M | 75.8M | -185.0M | -111.0M |
| Cash From Borrowings | 578.0M | 628.0M | 370.0M | 290.0M | 200.0M |
| Dividends And Interest Paid | 70.3M | 46.3M | 59.2M | 39.4M | 30.6M |
| Debt Repayments | 517.0M | 410.0M | 310.0M | 200.0M | 130.0M |
| Total Financing Cash Inflow | 1.6B | 633.0M | 371.0M | 677.0M | 203.0M |
| Total Financing Cash Outflow | 624.0M | 480.0M | 388.0M | 246.0M | 161.0M |
| Financing Cash Flow | 955.0M | 153.0M | -17.6M | 431.0M | 42.4M |
| Net Change In Cash | 602.0M | 9.8M | -64.2M | 162.0M | -141.0M |
| Ending Cash Balance | 920.0M | 318.0M | 308.0M | 372.0M | 210.0M |
| Capex | 102.0M | 213.0M | 50.1M | 57.5M | 64.7M |